HCRIS
Cost Report · CCN 154053 · FY 2020

MERIDIAN HEALTH SERVICES CORP.

MUNCIE, IN 47304 · Fiscal year ending 2020-10-29

212 beds⚠ Distress flaggedSystem: meridian services
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$59.5M
TOTAL REVENUES
$2.8M
NET INCOME
4.6%
OPERATING MARGIN
234
DISCHARGES
01 — FINANCIAL

Financial summary

Total revenues
$59.5M
Total costs
$90.9M
Net income
$2.8M
Operating margin
4.6%
Total charges
$316K
Medicare charges
Medicaid charges
Charity care charges
Uncompensated care
Bad debt
$13.7M
Total assets
$62.0M
Total liabilities
$15.4M
Fund balance
$46.6M
02 — UTILIZATION

Utilization

Total beds
12
Bed days available
4,392
Total inpatient days
1,998
Medicare inpatient days
1,124
Medicaid inpatient days
181
Total outpatient visits
Total discharges
234
Total FTEs
308
Inpatient residents
Outpatient residents
03 — HISTORY

Latest filing

Fiscal yearDischargesRevenueNet incomeMargin
2020-10-29234$59.5M$2.8M4.6%
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03b — TREND CHART

Revenue, costs, and net income by fiscal year

Multi-year P&L chart — visualize revenue, costs, and net income side-by-side across every filing.See Solo · $499/yr
DISTRESS RADAR

Risk signals detected

Auto-flagged from 3-year trend on margin, volume, and bad debt

This hospital tripped 1 distress signal. Upgrade to see which signals fired and the underlying numbers.See Solo · $499/yr
04 — PEER BENCHMARK

Peer cohort — IN

168 hospitals filing FY2020

Median operating margin
9.4%
25th percentile margin
-1.7%
75th percentile margin
19.9%
Median discharges
1,437
Median net income
$4.1M
Median bed count
50
07 — MARKET (HSAF)

Top patient-origin ZIPs

Catchment based on CMS Hospital Service Area File (PY2018)

ZIPCasesBed days
4730436333
4730431345
4730331287
4730221200
4730219262
4736216157
4736214160
473041183
473031185
46016
CROSS-REFERENCE

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Published negotiated rates, payer mix, and compliance grade from this hospital's machine-readable file.
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